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₹30,231 crore. In an ideal world, bilateral rights are supposed to help airlines from both sides. It allows airlines from respective countries to operate flights within a quota.

MUMBAI : Nirma Ltd has agreed to buy 75% of Glenmark Life Sciences Ltd for ₹5,651.5 crore in a deal that values the latter at ₹7,535.4 crore. Mint reported first on 15 August that the cement-to-detergent maker was the sole bidder for the stake put on the block by parent Glenmark Pharmaceuticals Ltd, which is selling shares to Nirma at ₹615 apiece. Glenmark Pharma will continue to own 7.84% of Glenmark Life Sciences.

House Speaker Kevin McCarthy emerged with a spending cut plan to prevent a federal government shutdown by appeasing his hard-right flank, only to see it quickly collapse Thursday in a crushing defeat

Final Fantasy XIV. This marks a significant milestone as it represents Square Enix's first officially licensed tabletop role-playing game (TTRPG) within the Final Fantasy universe. In this tabletop RPG adventure, players will have the opportunity to recreate their beloved characters from the MMORPG, immersing themselves in the captivating world of Eorzea. Additionally, the set allows individuals to take on the role of Game Master, crafting entirely new and thrilling adventures within the richly detailed Final Fantasy 14 universe. Anticipated for release in May 2024, the Final Fantasy XIV Tabletop RPG starter set is now available for pre-order, with a price tag starting at $59.99. Enthusiasts can secure their copies via the Square Enix online store. The comprehensive Final Fantasy XIV TTRPG package comprises a Player Book, a Gamemaster Book, pre-designed character sheets representing iconic jobs such as Warrior, White Mage, Dragoon, and Black Mage, as well as a bespoke collection of 16 dice (comprising 6d20 and 10d6). Additionally, the set includes valuable resources such as a rules synopsis and strategy guide, an encounter map, character tokens, and ability markers. Ideally, the game is designed for a group of 3 to 5 players, with one participant taking on the pivotal role of Game Master. This exciting release coincides with Final Fantasy 14's celebration of its tenth anniversary since its transformative rebirth as «A Realm Reborn» in 2013. Square Enix's introduction of this new tabletop RPG set in the captivating world of Eorzea serves as a fitting tribute to this remarkable journey.

BlackRock Inc. and other money managers spent years rolling out sustainable funds, seeking to capitalize on surging interest in ESG investing. Now they’re abandoning an increasing number of those products in the U.S. amid political backlash and investor scrutiny.

By Tim McLaughlin

In the midst of the stock market frenzy that gripped the world in 2020, Apple and Goldman Sachs were quietly collaborating on a groundbreaking investing feature, insiders revealed.

By Naomi Rovnick and Dhara Ranasinghe

Nirmala Sitharaman cautioned against raising interest rates for inflation control at the cost of economic growth. Attempts by the government to control inflation through coercion and bans have largely been counterproductive. Much of our food price inflation, especially in cereals and pulses, is a result of domestic supply shocks.

Reuters reports Tuesday, citing unnamed sources, that Tesla (NASDAQ:TSLA) has formulated strategies to produce and market battery storage systems in India. According to sources familiar with the matter, the electric automaker has also submitted a proposal to government authorities in an effort to secure incentives for the construction of a factory, all part of Elon Musk's ongoing efforts to establish a presence in the country.

Wipro on Thursday said that Aparna C Iyer will replace Jatin Pravinchandra Dalal as the company's chief financial officer (CFO). Iyer will report to chief executive officer and managing director Thierry Delaporte and will join the Wipro executive board, the company said in a regulatory filing.

Zomato has come under fire for a controversial move on social media where they tagged Gurugram Police in a post centered around 'banana chips.' The incident sparked outrage, but Zomato swiftly rectified its actions by deleting the post and issuing an apology. The episode unfolded on Wednesday when Zomato posted an image portraying a packet of banana chips placed atop a desk at their office. Adjacent to it was a computer screen featuring the conspicuous word «HELPPP!!!» prominently displayed in bold, oversized font. Zomato captioned the image with, «Hello @gurgaonpolice someone brought drugs to the office,» seemingly implying that banana chips are so addictive that they equate to a drug. The incident triggered a backlash from the online community.

Gala Games (GALA) continues to tumble in the aftermath of a legal dispute between co-founders Eric Schiermeyer and Wright Thurston, which has so far seen GALA bleed-out -32%.

Nifty ended Thursday’s weekly expiry 159 points lower to form a long bear candle with an unfulfilled opening down gap on the daily chart. Technical analysts say sharp reversals with more gap-up or gap-down moves indicate that the trend could continue longer. The next important support to be watched is around 19,550 levels, which is a weekly 10-period EMA.

Advisors who want to retire, or free themselves from the admin of running a business, now have a new option.

Feroze Azeez, Deputy CEO, Anand Rathi Pvt Wealth, says “the implied exposure should be at least 50-55% in largecaps, 20% in midcaps and about 25% in smallcaps. On January 2, 2023, we realized that smallcap is going to go through a huge price or PE re-rating. So, in terms of market cap allocation, the funds which one should choose from should be in multi-cap category, large cap category, contra, dividend yield and flexi cap. These are the five categories one should focus on. The one other category could be a focused fund which is SBI Contra. Don’t get into sectoral bets, especially in a year preceding a general election.”Can you give an overview on what kind of strategies on a broader level have worked for what kind of funds?Yes, there are several strategies which have worked while some have not worked in different periods of time.

As the countdown to the conclusion of Wall Street Memes' ($WSM) presale ticks away, Wall Street Memes emerges as an investment prospect that has become increasingly scarce: a meme coin with the reliable promise of substantive returns.

SHANGHAI (Reuters) — As China's stock market struggles to recover, regulators have started to probe some hedge funds and brokerages on quantitative trading strategies amid a growing outcry against a sector able to profit from share price falls and volatility, sources said. The China Securities Regulatory Commission (CSRC) has checked with several major brokers over the past weeks about short-selling activities and trading strategies of their quant clients — funds that trade rapidly using derivatives and data-driven computer models, two people with direct knowledge of the probe said. Separately, the Shanghai and Shenzhen stock exchanges, under the CSRC's guidance, have sought information from major quant funds on their money-making strategies, another source said. «They want to know the logic of the trading (strategy), the source of the profit; under which situation you hold net long, or net short positions… and the reason behind buy and sell orders,» the source said.

By Simon Johnson and Niklas Pollard

By Makiko Yamazaki

Indian stock market indices, Sensex and Nifty 50, are likely to open lower Thursday following weak global cues. The trends on Gift Nifty also indicate a gap-down start for the Indian benchmark index. The Gift Nifty was trading flat at around 19,846 level as compared to the Nifty futures’ previous close of 19,972.